This article reviews the surge in research on mortgage default inspired by the recent
foreclosure crisis. Economists already understood a great deal about default, both …

From 2007 to 2009, states without a judicial requirement for foreclosures were twice as likely
to foreclose on delinquent homeowners. Analysis of borders of states with differing …

This article explores the causes and consequences of cross-country variation in mortgage
market structure. It draws on insights from several fields: urban economics, asset pricing …

Policy makers have used externalities to justify government intervention in the foreclosure
process. Using a new dataset that covers 15 of the largest metropolitan statistical areas in …

From 2007 to 2009 US house prices plunged and mortgage defaults surged. While
ostensibly consistent with widespread “ruthless default,” analysis of detailed mortgage and …

This paper proposes a credit scoring model for the empirical assessment of default risk
drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship …

In the absence of micro-data in the public domain, new aggregate models for the UK's
mortgage repossessions and arrears are estimated using quarterly data over 1983–2014 …

The mortgage default decision is part of a complex household credit management problem.
We examine how factors affecting mortgage default spill over to other credit markets. As …

Governments throughout the world intervene heavily in housing markets, and most have
multiple policies to pursue multiple goals. This chapter deals with two of the largest types of …

Financially constrained mortgage servicers destroyed substantial MBS investor value during
the financial crisis through their management of delinquent mortgages. Servicers advance to …